{
  "@context": {
    "@language": "en",
    "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#",
    "CIP136": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0136/README.md#",
    "hashAlgorithm": "CIP100:hashAlgorithm",
    "body": {
      "@id": "CIP136:body",
      "@context": {
        "references": {
          "@id": "CIP100:references",
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          "@context": {
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        "summary": "CIP136:summary",
        "rationaleStatement": "CIP136:rationaleStatement",
        "precedentDiscussion": "CIP136:precedentDiscussion",
        "counterargumentDiscussion": "CIP136:counterargumentDiscussion",
        "conclusion": "CIP136:conclusion",
        "internalVote": {
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          "@context": {
            "constitutional": "CIP136:constitutional",
            "unconstitutional": "CIP136:unconstitutional",
            "abstain": "CIP136:abstain",
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  "hashAlgorithm": "blake2b-256",
  "body": {
    "summary": "We consider this governance action to be constitutional.",
    "rationaleStatement": "This proposal is a Treasury Withdrawal Governance Action to withdraw ₳1,193,000 from the Cardano Treasury in connection with the Intersect Technical Steering Committee's proposal titled \"Withdraw 1,193,000 ada for Intersect Technical Steering Committee Support.\" This proposal met the required 67% support threshold during the Hydra voting phase of the 2026 Intersect budget process and has proceeded to the submission of an on-chain Treasury Withdrawal Governance Action in accordance with the approved budget process framework. This proposal references the proposal document on IPFS and presents the proposal's title, summary, rationale, justification, and related supplementary materials. These elements comply with the requirements of Article 2, Section 6, Paragraphs 1 and 2 of the Cardano Constitution. Regarding Article 2, Section 7, Paragraph 1, this proposal aims to support community engagement, protocol governance, and independent technical reviews by the Intersect Technical Steering Committee; the supplementary materials specify a 12-month implementation period. It also provides a breakdown of costs for the three Work Packages and states that any unused funds at the end of the 12-month period will be returned to the Cardano Treasury. Regarding Article 2, Section 7, Paragraph 2, this proposal states that the Technical Steering Committee has not received funding from the Cardano Treasury within the past 24 months, while disclosing past Treasury Withdrawal Governance Actions related to Intersect and its committees. Regarding Article 2, Section 7, Paragraph 3, the proposal confirms that the requested amount of ₳1,193,000 falls within the ₳350,000,000 Net Change Limit covering Epochs 613 through 713. Regarding Article 2, Section 7, Paragraph 4, this proposal and supplementary materials stipulate an independent audit and assurance by Appold, covering the use of Treasury funds, evidence of milestones, financial controls, and expenditure verification. Additionally, milestones, completion conditions, success metrics, and progress reports are established for each Work Package. Regarding Article 2, Section 7, Paragraph 5, Intersect is designated as the administrator and will manage the proposal through milestone-based withdrawals, supporting evidence for payments, transparent reporting, delivery coordination, contracting where required, milestone administration, and reporting. Regarding Article 2, Section 7, Paragraph 6, this proposal outlines a fund management mechanism using the Treasury Reserve Smart Contract and the Project-Specific Smart Contract, along with approval requirements, supervision by an external Oversight Committee, and methods for community audits and on-chain verification. Furthermore, it is stated that these smart contracts cannot be staked to the SPO and are delegated to a predefined, automatically abstaining DRep. Therefore, as no clear conflict with the Cardano Constitution has been identified, this proposal is deemed constitutional.",
    "precedentDiscussion": "None",
    "counterargumentDiscussion": "It is difficult to argue that a structure in which funds for multiple projects are consolidated into the TRSC using a single receiving address is fully consistent with the requirement for \"separate accounts\" set forth in Article 2, Section 7, Paragraph 6 of the Constitution. In light of this, some of our members deemed the structure unconstitutional, arguing that it could not be considered constitutional.",
    "conclusion": "For the reasons stated above, we determine that it is constitutional.",
    "internalVote": {
      "constitutional": 2,
      "unconstitutional": 1,
      "abstain": 1,
      "didNotVote": 0
    },
    "references": [
      {
        "@type": "RelevantArticles",
        "label": "CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION",
        "uri": "ipfs://bafkreieyuknozbtewyurfqoagvplvykadn6a4u6wglupavdz46bbsnnl6e"
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  },
  "authors": [
    {
      "name": "Cardano Japan Council",
      "witness": {
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        "publicKey": "833ddc6eedc272e763c33b9e6ed91efea5f0a5161f05bf72c83326a9b11507de",
        "signature": "72074acd006e4b735fe496a771b6e962b6be3018ede3941d5baf5267bb5d74033eedbccae7c75fe45062b3cbf780b9fa285feba27eb085200d7e6c6597a9c104"
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